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USD/CAD
USD CAD
- CAD (-)
- Real time data - Forex
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Forex
Ticker: USDCAD
ISIN:

USD/CAD - 15 min. - Technical analysis published on 03/21/2023 (GMT)

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Londinia
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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
33%
39%
28%
My opinion
Bullish above 1.3690 CAD
My targets
1.3730 CAD (+0.0014)
1.3786 CAD (+0.0070)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on USD/CAD. As long as you are above the support located at 1.3690 CAD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 1.3730 CAD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 1.3786 CAD as an objective. Crossing it would then enable buyers to target 1.3826 CAD. If the support 1.3690 CAD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

nwbrown2
This analysis was given by nwbrown2. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The USD/CAD price is 1.3716 CAD. The price has increased by +0.31% since the last closing with the lowest point at 1.3644 CAD and the highest point at 1.3737 CAD. The deviation from the price is +0.53% for the low point and -0.15% for the high point.

1.3644
1.3737
1.3716

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by USD/CAD:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly


Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of this 15 min. chart of USD/CAD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bullish signal that could impact this trend:

Central Indicators

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 15 minutes



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : 15 minutes

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Aroon indicator bearish trend

Type : Bearish

Timeframe : 15 minutes



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 15 minutes



The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:

Central Candlesticks

White hanging man / hammer

Type : Neutral

Timeframe : 15 minutes


Bullish harami

Type : Bullish

Timeframe : 15 minutes


Doji

Type : Neutral

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 1.3550 1.3651 1.3678 1.3716 1.3752 1.3814 1.3862
Change (%) -1.21% -0.47% -0.28% - +0.26% +0.71% +1.06%
Change -0.0166 -0.0065 -0.0038 - +0.0036 +0.0098 +0.0146
Level Minor Intermediate Intermediate - Major Minor Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.35381.35941.36341.36901.37301.37861.3826
Camarilla1.36471.36551.36641.36731.36821.36911.3699
Woodie1.35291.35901.36251.36861.37211.37821.3817
Fibonacci1.35941.36311.36541.36901.37271.37501.3786


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.34831.35671.36491.37331.38151.38991.3981
Camarilla1.36851.37011.37161.37311.37461.37611.3777
Woodie1.34821.35671.36481.37331.38141.38991.3980
Fibonacci1.35671.36301.36701.37331.37961.38361.3899


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.29801.31211.33831.35241.37861.39271.4189
Camarilla1.35341.35711.36081.36451.36821.37191.3756
Woodie1.30411.31511.34441.35541.38471.39571.4250
Fibonacci1.31211.32751.33701.35241.36781.37731.3927

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 56.91
MACD (12,26,9): 0.0010
Directional Movement: 7.4450
AROON (14): -92.8571
DEMA (21): 1.3731
Parabolic SAR (0,02-0,02-0,2): 1.3736
Elder Ray (13): -0.0005
Super Trend (3,10): 1.3701
Zig ZAG (10): 1.3719
VORTEX (21): 1.2445
Stochastique (14,3,5): 30.34
TEMA (21): 1.3733
Williams %R (14): -86.36
Chande Momentum Oscillator (20): -0.0013
Repulse (5,40,3): -0.0424
ROCnROLL: -1
TRIX (15,9): 0.0141
Courbe Coppock: 0.15
MA7: 1.3720
MA20: 1.3679
MA50: 1.3509
MA100: 1.3510
MAexp7: 1.3723
MAexp20: 1.3717
MAexp50: 1.3700
MAexp100: 1.3693
Price / MA7: -0.03%
Price / MA20: +0.27%
Price / MA50: +1.53%
Price / MA100: +1.52%
Price / MAexp7: -0.05%
Price / MAexp20: -0.01%
Price / MAexp50: +0.12%
Price / MAexp100: +0.17%

Quotes : - Real time data - Forex

News


The last news published on USD/CAD at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia
Londinia AI

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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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